Bitcoin’s valuation metric hints at a ‘possible bottom’ forming: Analysis

bitcoin
Bitcoin (BTC) $ 61,588.00
ethereum
Ethereum (ETH) $ 1,712.96
tether
Tether (USDT) $ 0.998831
bnb
BNB (BNB) $ 561.74
xrp
XRP (XRP) $ 1.10
solana
Solana (SOL) $ 80.87
dogecoin
Dogecoin (DOGE) $ 0.075106
chainlink
Chainlink (LINK) $ 7.77
shiba-inu
Shiba Inu (SHIB) $ 0.000004
nexo
NEXO (NEXO) $ 0.774306
enjincoin
Enjin Coin (ENJ) $ 0.029005
cardano
Cardano (ADA) $ 0.165014